DELANCEY STREET

Here's Who We Are

We're Fund Virtually Everything

We fund business owners nationwide, regardless of industry, credit, or time in business. We fund it all.

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We Provide Multiple Options

We have a lot of different financing options available to our clients. Regardless of your situation, we’ll have a solution for you.

Fast Approval

Our application process is completely online. You can get funds in your bank account in literally 24 hours.

The Working Capital You Need In 24 Hours.

We get you funding. It's that simple. Regardless of credit, income, or time in business - we'll fund you.

Apply

Use our online form or call toll-free anytime to get started. There's no cost, and the application takes only three minutes.

Approval

Receive application approval in as little as 24 hours. There is no credit check required.

Receive Funds

Review and return your signed agreement and get your money in as little as 24 hours.

Recent Business Loans Funded

100K Term Loan

Ambulance Service

Our client bought a new ambulance.
2019 - June
55K Advance

Truck Funded

Our client used the funds to hire new team members.
2019 - February
85K Term Loan

Restaurant Funded

Our client used the funds for restaurant equipment.
2019 - May

Get a Decision in as Little As 30 Seconds

We’re Fast. We Help Regardless of Credit. WE HAVE A SOLUTION FOR YOU.

Apply Online

We have a completely online application process, which is simple and easy.

Get Offers

We'll match you with the best loan offers we have that are financially responsible.

Get Funded Quickly

We'll fund you the same day you accept our offer.

How Delancey Street Works

Fill Out Our Application

Answer basic questions about yourself and fill out our entirely online application. Each loan has its own online process.

Meet Your Concierge

We'll pair you with an experienced Delancey Street specialist who will reach out to you, and understand your needs. We'll try to determine which financial product is right for you.

Compare Our Loan Offers

We give you a few different loan offers based on your scenario and what options you qualify for.

Choose Your Loan

Once you've chosen a loan that works for you, we finalize it and start getting the documents needed.

Get Funded

Once we get all of the documents back, we'll get you funded ASAP.

We Help You Grow

After you get funded, your Delancey Street concierge specialist will keep in touch to make sure you're happy and doing well.

Business Loans

Get business loans ranging from 3 months to 18 months
No credit score requirement, we have a program for everyone
We can fund up to $5 million in virtually 24 hours

Merchant Cash Advance For Restaurant Owners

We offer cash advances to companies all over the USA — regardless of the business, or niche. We’re your partner, not only a lender. We can help you get the financing you need when you’re in distress, and needing fast funding to make deadlines and payroll. When you get a merchant cash advance, it’s not the exact same thing for a loan. It is basically a cash advance based on the credit card sales that you get in your business merchant account. Once you apply for the loan, we deposit the funds in your business checking account within 24 hours.
How Merchant Cash Advances Work
The cash advance is for $2,500 to $25,000. Each merchant cash advance has a repayment program with daily payments from your account. The moment you ask a loan, it takes just 24 to 48 hours for it to be approved and in your account.
This type of loan works well for folks who have poor credit or need fast access to funds. The entire approval process is quick and works for many kinds of businesses. The only drawbacks are the higher fees and the fact that the loan has to be paid back through your daily earnings.
With a merchant cash advance, you get the money you need when you need it. The funds can be used for anything your company needs. Some businesses use this type of cash advance to make up earnings during a slow month. Other businesses just have to cover a bill that’s past due.
This is a cash advance and not a loan. When you get a cash advance, you promise to pay it back using your company’s future income. The loan is given in a lump sum that is paid back from the money you make every day. The amount that you pay back is referred to as the retrieval rate or holdback. Based on the amount of the advance, your repayment period and your credit card sales, the holdback can vary between 5 to 20 percent.
The amount that you can borrow depends on your credit card sales. Most suppliers will review your sales for the previous two to six months to find out how much you can borrow. Based on the supplier, you can get anywhere from 50 to 250 percent of your monthly credit card transactions as an advance. Then, you’ve got 90 days to 24 months to pay it back.
The Benefits of Getting an Merchant Cash Advance
This option is perfect if you need cash right away. You can get approved much faster with an advance than you can with a traditional loan. Often, you can get approved within just a couple hours. Then, you get the advance within just a couple of days. If you’re trying to pay your payroll or a sudden expense, obtaining a speedy option is a benefit.
Another benefit is that you can avoid using security to get an advance. Banks normally require collateral for a business loan, which requires time. Additionally it is a massive risk for your company if you cannot repay the loan. With a merchant cash advance, you get the money you need without having to provide your assets as collateral.
On top of that, the application process is simple and straightforward. You can do the entire application online. You only need to upload some of your files and fill in the blanks. Unlike a typical lender, most merchant cash advance lenders are fairly open to bad or poor credit. Their main goal is to find borrowers who have a strong history of credit card sales. They will also look at how long you have been in business.
Merchant cash advances have high limits and flexible payments. You pay a percentage of your credit card sales as your company sells products. If you sell less, then the amount that is taken out is correspondingly less. You only pay out a percentage of your credit card sales. Plus, some lenders will give around $2 million in a merchant cash advance.
This option works well for companies who need money quickly. You want to have an established history of credit card transactions. The only drawback is the cost. If you need cash fast and want a convenient alternative, then a merchant cash advance may be worth the added price.

NO BANK STATEMENTS MERCHANT CASH ADVANCE

Are you looking to get a merchant cash advance, but don’t want to give up your bank statements? We might be able to help! Delancey Street understands that restaurant owners, for one reason or another, may not be willing to surrender their statements. Some owners want to protect their privacy, and don’t want to give them. That’s not a problem.

Many restaurant owners often give us their credit card process statement – in lieu of their bank statement – in order to show us their gross revenue. In some cases though, if you’re a primarily credit card sales based company – it’s ok to not give your bank account statements and just give your credit card statements. As long as you can provide some evidence that you generate revenue – it’s totally ok. The only situation where you will need to send in your bank account statements is if your business primarily does deposits.

Securing funding for your small business is vital with it difficult to secure funding that will not hurt your line of credit. This is especially true when attempting to find a source of cash flow that will allow you to pay for such things as:
– Payroll
– Equipment
– Basic Expenses
– General Investments
An excellent way to secure funding is with the use of a merchant cash advance. Some things to know about merchant cash advances are how they work, their benefits, and how to secure a merchant cash advance in Los Angeles with Delancey Street.

What Is A Merchant Cash Advance
A merchant cash advance is a common financing option where a financial services company gives a lump sum of money to a business. The business and financial service then enter into an agreement where financial services company will take a portion of credit or debit card sales to pay back the sum. The merchant does not charge interest on the cash advance. Instead, they charge a flat rate fee for the advance. The merchant can collect their money in a couple of ways including:
– Taking A Portion Of Credit And Debit Card Sales Split By The Bank
– Processing Payment Then Transferring The Remainder To The Business
– Debiting The Businesses Checking Account After Reviewing Processing Information
These three methods of collecting money from the cash advance means that your small business does not need to manage the repayment process. In addition, it means that the repayment process is only a small portion of sales, and you will not need to plan for a large monthly payment to the merchant.

Benefits Of A Merchant Cash Advance
A merchant cash advance has a number of advantages over taking out a small business loan. A cash advance will not hurt your line of credit. This means that you can keep your line of credit open for major investments such as purchasing property and equipment.

A cash advance is very desirable for small businesses with little or no credit or bad credit. This is because the merchant collects money through the billing process, and so they will advance you money based upon your revenue. The merchant will often look at your clients’ credit when evaluating you for a cash advance.
A merchant cash advance is a quick way to secure a large sum of credit with merchant cash advances generally being geared towards short term funding for less than two years. This means that you can use a merchant cash advance as a quick way to secure funding for payroll and hiring.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
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